DML 0.00% 1.9¢ discovery metals limited

dml start up profit. and valuation

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    May production.

    Production 1,700 tons copper (3,757,000) pounds
    PROFIT $4.8 million.

    75,000 ounce silver.
    PROFIT$1.5 million

    Total Profit $6 million (+or- $1 millon)

    Conclusion
    Yearly profit forecast between $48 and $60 million.

    cash cost under $2 pound
    copper price $3.3 Au

    This is based on their numbers.

    DML true value (starting point). $1.1 billion or $2.25
 
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Currently unlisted public company.

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